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More berths for aged, pregnant, differently-abled in trains

Last Updated: Thursday, February 26, 2015, 21:29

Railways Thursday proposed an increase in the quota of berths for senior citizens, pregnant and differently-abled persons in trains.

All BRICS members to have equal shareholding in new bank

Last Updated: Thursday, February 26, 2015, 19:14

Each of the five BRICS member countries will have equal shareholding in the New Development Bank and US Dollar will be base currency for the lender, External Affairs Minister Sushma Swaraj said today in Rajya Sabha.

Bharti Airtel raises Rs 1,925 crore by selling stake in Infratel

Last Updated: Thursday, February 26, 2015, 19:07

Bharti Airtel has raised Rs 1,925 crore (approximately USD 310 million) by selling 55 million shares in its subsidiary Bharti Infratel Limited in an equity market transaction, a company statement said here Thursday.

Tata Steel hopes Budget to take steps to arrest rising imports

Last Updated: Thursday, February 26, 2015, 18:55

Tata Steel on Thursday said it expects Finance Minister Arun Jaitley will take necessary measures in the upcoming Union Budget to rein in rising steel imports for making the domestic industry competitive.

Rail budget high on vision; but can push up costs: Analysts

Last Updated: Thursday, February 26, 2015, 18:47

Suresh Prabhu's maiden Railway budget is high on vision and small announcements, but could push up cost of logistics that can hurt initiatives like the 'Make in India' campaign, analysts said today.

Rail Budget pragmatic, to improve ease of doing biz: India Inc

Last Updated: Thursday, February 26, 2015, 18:22

Terming the Rail Budget as "pragmatic", India Inc today welcomed the larger role envisaged for the private sector and said various measures proposed would bring in higher efficiency and improve ease of doing business.

Freight hike throws cement, fertiliser stocks off the track

Last Updated: Thursday, February 26, 2015, 18:20

Stocks of cement, fertiliser and steel companies suffered losses today following the proposal to hike rail freight by up to 10 percent amid concerns that the firms will not be able to fully pass on the higher rates.

Rail Budget 2015: Power tariffs may rise after hike in freight rates for coal

Last Updated: Thursday, February 26, 2015, 17:44

An official of state-run miner Coal India said that the impact of freight rate hike would be on the landed cost of coal.

Railways' freight revenue to rise 14% to Rs 1.21 lakh cr

Last Updated: Thursday, February 26, 2015, 17:40

In 2014-15 (revised estimate), the revenue from movement of goods will rise to Rs 1,06,927 crore from Rs 93,095 crore in the previous year, according to the Rail Budget document.

Rail Budget futuristic, passenger-centric: PM Modi

Last Updated: Thursday, February 26, 2015, 17:30

He said the budget is a watershed moment for the railways, marking a paradigm shift from mere announcement of number of trains to a comprehensive railway reform.

Rail stocks derail; falls up to 7% as Budget disappoints mkts

Last Updated: Thursday, February 26, 2015, 17:21

Share prices of companies that cater to the railway sector plunged by up to 7 per cent today after the Rail Budget 2015-16 failed to boost investors' sentiment.

'Cement manufacturing cost to go up by Rs 7-10 per bag'

Last Updated: Thursday, February 26, 2015, 17:11

Manufacturing cost for cement is likely to go up by Rs 7-10 per bag of 50 kg due to the proposed freight hike on various inputs and the commodity, but domestic firms would prefer to wait for the main Budget to take a call on raising the price.